provided by sm entertainment
In a surprising turn of events, EXO members Baekhyun, Xiumin, and Chen have officially announced the termination of their exclusive contracts with SM Entertainment, their agency, according to their lawyer, Attorney Lee Jae-hak of the law firm Lin.
The three K-pop idols have expressed their dissatisfaction with SM Entertainment, citing the agency's imposition of additional years on top of their already lengthy 12 to 13-year exclusive contracts. Attorney Lee stated that this practice constitutes a gross abuse of power by the agency towards its artists.
Baekhyun, Xiumin, and Chen have emphasized that they made multiple requests for clarification and resolution of accounts to SM Entertainment since March, providing supporting evidence to substantiate their claims. However, they claim to have received no response from the agency.
While regretting any concern caused to their devoted fanbase, the three EXO members have reassured their fans that they are committed to finding a fair and amicable resolution to the ongoing dispute.
The termination of exclusive contracts by prominent members of a popular K-pop group has raised eyebrows within the industry and among fans worldwide. The issue of lengthy contracts and the treatment of artists in the highly competitive K-pop industry has long been a topic of debate and concern.
SM Entertainment, one of the largest and most influential entertainment agencies in South Korea, has not yet issued an official statement regarding the contract termination. Industry insiders speculate that the agency may be in discussions with the artists to address their grievances and potentially find a resolution that satisfies all parties involved.
EXO, known for their immense talent and global popularity, debuted in 2012 under SM Entertainment and quickly rose to stardom. The group's unique musical style and charismatic performances have garnered a massive fan following both domestically and internationally.
As fans anxiously await further updates on the situation, the termination of these exclusive contracts highlights the ongoing complexities and power dynamics within the K-pop industry. It serves as a reminder of the challenges faced by artists in maintaining their artistic freedom and rights while navigating the demands of their agencies.
Sayart.net
Blue YIM, yimyoungseo1010@naver.com
